The Pakistan Credit Rating Agency Limited
05-Nov-26
Analyst
Anam Waqas Ghayour
anam.waqas@pacra.com
+92-42-35869504
www.pacra.com
Applicable Criteria
- Methodology | Rating Modifiers | Apr-26
- Methodology | Correlation Between Long-term & Short-term Rating Scales | Apr-26
- Methodology | Independent Power Producer Rating | Jul-26
Related Research
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PACRA Withdraws Entity Ratings of Liberty Power Tech Limited
| Rating Type | Entity | |
|
Current (05-Nov-26 ) |
Previous (06-Nov-25 ) |
|
| Action | Withdraw | Maintain |
| Long Term | - | AA- |
| Short Term | - | A1 |
| Outlook | Stable | |
| Rating Watch | - | - |
Following management’s decision to discontinue the entity ratings of Liberty Power Tech Limited, PACRA has withdrawn the Company’s entity ratings with immediate effect.
About
the Entity
Liberty Power Tech Limited was incorporated in September 2007 as an Independent Power Producer (IPP) under the Power Policy 2002. The Company is majority-owned by the Liberty Group, comprising the Mukaty Family (61%) and Liberty Mills Limited (29%), while Soorty Enterprises holds the remaining 10% shareholding. The Board of Directors consists of eight members, all representing the Liberty Group, which is primarily engaged in the textile sector. The Board is chaired by Mr. Ashraf Saleem Mukaty. The management team comprises qualified professionals with diverse experience across multiple sectors and is led by the Chief Executive Officer, Mr. Azam Sakrani.